Caye International Bank

Location :

601 Coconut Dr, San Pedro
Added by Jopie, at 30 September 2015

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• Matthew Edwards

  30 September 2017

  I was thinking twice whether to open an account with Caye but then found out that they have one of the highest liquidity ratios of any global bank. This is because The Central Bank there requires them to have a reserve three times the reserve requirements in the USA for their local banks. Incredible!

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• Ahmed Ali

  30 September 2017

  Caye International Bank’s multilingual customer service staff are friendly, courteous and were a great help throughout the entire bank account opening process.

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• Mostakim Hosain

  31 August 2017

  Reasonable interest rate and very cordial to customers. Thanks Caye International Bank for your good services. I highly recommend this to everyone.

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• Jackie M

  13 October 2016

  I fell for a pitch from Peter Zipper, the head of this bank, at the February 2013 Quito Ecuador Live and Invest Overseas Conference. I have less than a thousand dollars in this bank now and getting it out is like pulling teeth without antiseptics or anesthesia. Don't deal with this bank. What follows is why.
  
  Zipper's conference pitch included a noteworthy element: Bank customers always receive service from British accented employees who have a sense of aplumb and decorum that makes Americans and Canadians quiver. Does this translate into customer service?
  
  Apparently only if a bank customer is a gazillionaire in Seattle who is too paranoid to do business by fax, email or phone; and, instead, has enough money tied up with the bank to summon Zipper once a year to Seattle.
  
  Zipper told all at the Quito conference how he flies yearly with this Seattle based bank customer's documents with him--Zipper, that is-- into Canada. Zipper than takes a huge sedan across the Canadian/U.S. border to do business with this Seattle business person at a gas station from the confines of the car that Zipper rents in Canada.
  
  What? At the conference, I took this for a bit of eccentricity gone wrong.
  I.e. someone from Microsoft and/or the Gates Foundation is stupid enough not to realize that his bank documents could be confiscated by the Canadian or Belizean analogue of T.S.A. en route; and that person still has a banker fly in from the Caribbean--a banker like Zipper who acts like the Canadian pianist Glenn Gould. (Gould drove around in a huge black sedan singing to Petula Clark and Barbra Streisand.)
  
  Should this sort of thing be announced at a conference? Probably not.
  
  Still, I was dumb enough to open a small account with Zipper's bank.
  
  I faxed, emailed and spent almost one hundred dollars to pay DHL International courier to get my documents to Belize. I did this after sending emails, making phone calls and using the bank's web portal to contact the bank to get it to come up for air. I finally had to contact Lief Simon of Live and Invest Overseas to get the bank to act.
  
  Employees at the bank are not helpful. Once over a year ago, a bank employee named Raquel Hernandez called me at home in California and did not at all exhibit the British demeanor that Zipper touted at the conference.
  
  Rather, she sounded like anyone from East Los Angeles with a Belizean Sim Card. She hadn't emailed me and told me to expect a call. Rather, she just rang up and in the sloppiest manner imaginable said that she was from "the bank in Belize" and wanted to talk about my recent fax.
  
  How recent? Almost two weeks old.
  
  As a cultural anthropologist, I have done fieldwork in the Highland Park neighborhood of Los Angeles on the Mongols organized crime gang. This is what happened when I discovered a few things about their drug activity and their pimping out: I received death threats at my home in Highland Park in the way of coded biblical verses in Spanish sent from a cell phone with a Salvadoran Sim Card that is easy to buy in Los Angeles.
  
  After an experience like that with the Mongols and as a victim of I.D. theft, I didn't cotton to Hernandez's call. Not at all.
  
  I have notified the bank that I don't want to swim to Belize or fly there to close out my account. Live and Invest Overseas has been of no help. (By the way: You shouldn't hire any of their recommended immigration counsel if you go to any of their conferences. I also had a terrible experience with the Horowitz firm in Ecuador after the conference. I got all of my retainer back after an associate named Rebecca Rangel couldn't even negotiate the firm's retainer agreement like a term sheet. I used to practice at a firm in the U.S.--Mayer Brown-- that associated Horowitz's former Mexican firm as foreign of counsel at a time when the entire legal landscape of good foreign of counsel firms had already been taken. I got that firsthand from a Belgium based British lawyer from Clifford Chance. Still, I was dumb enough to go with the Horowitz firm in Ecuador. Don't you be that dumb!)

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• Craig Holbrook

  07 October 2015

  Caye appears to be insolvent as of this writing.

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